Live Insurance News

Iowa may have lowest health insurance rates in the US

September 26, 2013September 23, 2013 Nordstrom

State releases data concerning health insurance exchange The Iowa Insurance Division recently released data concerning the state’s health insurance exchange, suggesting that the state may be home to some of the lowest insurance premiums in the country. Iowa already boasts of relatively low premiums when compared to its neighbor states, but insurance regulators believe that the state’s exchange could offer even lower rates to many people. As in other states throughout the country, the Iowa health insurance exchange is set to begin open enrollment on October 1, giving thousands a…

Crop insurance payouts show modest damage

December 12, 2012December 12, 2012 S.Vagus

Drought spurs moderate crop insurance payouts this year The ongoing drought that has gripped much of the U.S. may not be as economically calamitous as had been predicted, according to insurance payouts to farmers in some of the most drought-stricken states. Earlier this year, farmers had expected to lose the vast majority of their produce due to severe drought. While the drought proved to be one of the worst the country has experienced in its history, spurring the federal government to purchase stocks of fish and produce, the economic impact…

Health care reforms receive more federal money for IT

September 17, 2012April 30, 2013

Many state insurance exchanges to benefit from more grant funds to expand their capabilities. The Department of Health and Human Services (HHS) have just released the latest information regarding funding for the health care reform, which shows that several states will be receiving over $765 million in total grant money. These funds are intended to boost the state health insurance exchanges on the IT level. The states that will be receiving the grants will include Connecticut, California, New York, Hawaii, Vermont, Maryland, and Iowa. This money will provide the states…

Tornadoes in Oklahoma and Kansas claim lives and cause damage to property

April 17, 2012May 27, 2012 S.Vagus

Damages from recent tornadoes that ripped through Oklahoma and Kansas. Powerful tornadoes tore through the states of Kansas and Oklahoma over the weekend, causing significant damage to businesses and homes as well as claiming lives. The National Weather Service claims that the weather system responsible for the disasters created more tornadoes in one day than either Kansas or Oklahoma would normally see in the month of April. Insurers have been working in cities affected by the tornadoes, hoping to mitigate any further damage and to process claims quickly to help…